Progressive Planet Solutions Inc V.PLAN

Alternate Symbol(s): ASHXF

Progressive Planet Solutions Inc. is a Canada-based manufacturing company. The Company is focused on developing critical low-carbon and carbon sequestering solutions using its owned mineral assets and recycled materials to create planet-friendly products, which are being developed at its C-Quester Centre of Sustainable Solutions for the cement, agricultural and animal care industries. The Company’s product lines include patented and patent pending products which are developed using naturally occurring minerals and the urban mining of recycled materials. Its products are available in over 10,000 retail stores across North America. It focuses on reducing the carbon footprint of the global cement industry by developing sustainable alternatives to traditional cement. Its mineral based products include Activated Barn Fresh, Can Blast Abrasives, CAN DRY, Fresh Coop Odour Control and Red Lake Earth, among others. Its operating mines include Red Lake Mine and Bud Bentonite Clay Mine.

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Progressive Planet Solutions Inc

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Post by 15Stanmoreon Nov 26, 2024 1:30am

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Post# 36330453

PLAN domestic vs US sales

Checking the 2024 Financial Statements, Note 26 gives the breakdown of sales between domestic and the US:

2024 2023

Canada 8,723,231 9,635,484

USA 10,903,067 9,907,804

Total 19,626,298 19,543,288

So US sales were 50.7% of PLAN's total sales in 2023, increasing to 55.6% in 2024.

The falling Canadian dollar has had and will continue to be a tailwind in the shifting importance of PLAN's exports to the US market.

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Cross border trading in Canada and Australia